BlockBeats News, May 27th, the European Central Bank warned that the financial markets face a sudden and significant risk of correction as investors have become complacent about multiple threats, including the Iran conflict. The ECB stated in its semi-annual Financial Stability Review released on Wednesday that despite some recent adjustments in the markets, asset prices still appear "elevated" by historical standards, and the downside risks from geopolitical, fiscal, and macro-financial developments seem to be "underestimated."